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Fly News Breaks for September 15, 2017
ZNGA
Sep 15, 2017 | 08:01 EDT
Baird analyst Colin Sebastian hosted meetings with Zynga management, which reinforced his constructive view on the company's turnaround strategy and its progress on improving profitability through live services. The analyst said beyond its Phase 1 turnaround strategy he sees a pathway for the company to move beyond 20% EBITDA margins. Sebastian maintained his Neutral rating and $4 price target on Zynga shares.
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